The post Roaring Kitty Loses $350M on GameStop appeared first on Coinpedia Fintech News
In the last four days, Keith Gill, aka The Roaring Kitty, lost over $350 million on his GameStop position. Just last Thursday, Gill was riding high with $382 million in profit from options placed on GME. On Friday, Gill lost over $235 million on his GME position. On Monday, it further slipped 12% after dropping 40% in the hours just before the weekend. The price movement has wiped out nearly all of Gill’s recent gains. In the last week alone, he lost about $351 million in profit since the previous week.